Arminio Fraga, former president at the Central Bank of Brazil, Jacob A. Frenkel, former governor at the Bank of Israel, Philipp Hildebrand, former chairman at the Swiss National Bank, Mervyn King, distinguished fellow at the Council on Foreign Relations and former governor at the Bank of England, join Roger C. Altman, former deputy secretary at the U.S. Department of the Treasury, to discuss their experiences as central bankers and insights into past financial crises.

Stanley Fischer, vice chairman of the board of governors at the Federal Reserve System, joinsLaurence D. Fink, chairman and chief executive officer at BlackRock and member of the board of directors at the Council on Foreign Relations, to discuss how the Federal Reserve system has evolved over time, and challenges for the future.

Liaquat Ahamed, author of Lords of Finance: The Bankers Who Broke the World, Willem Buiter, adjunct senior fellow at the Council on Foreign Relations and global chief economist at Citigroup, and Mark Gertler, professor of economics at New York University and member of the Federal Reserve Bank of New York’s Academic Advisory Board, join Sebastian Mallaby, Paul A. Volcker Senior Fellow for International Economics at the Council on Foreign Relations, to discuss the history of the Federal Reserve and its future.

Liaquat Ahamed, author of Lords of Finance: The Bankers Who Broke the World, Willem Buiter, adjunct senior fellow at the Council on Foreign Relations and global chief economist at Citigroup, and Mark Gertler, professor of economics at New York University and member of the Federal Reserve Bank of New York’s Academic Advisory Board, join Sebastian Mallaby, Paul A. Volcker Senior Fellow for International Economics at the Council on Foreign Relations, to discuss the history of the Federal Reserve and its future.

Stanley Fischer, vice chairman of the board of governors at the Federal Reserve System, joinsLaurence D. Fink, chairman and chief executive officer at BlackRock and member of the board of directors at the Council on Foreign Relations, to discuss how the Federal Reserve system has evolved over time, and challenges for the future.

Arminio Fraga, former president at the Central Bank of Brazil, Jacob A. Frenkel, former governor at the Bank of Israel, Philipp Hildebrand, former chairman at the Swiss National Bank, Mervyn King, distinguished fellow at the Council on Foreign Relations and former governor at the Bank of England, join Roger C. Altman, former deputy secretary at the U.S. Department of the Treasury, to discuss their experiences as central bankers and insights into past financial crises.

Arminio Fraga, former president at the Central Bank of Brazil, Jacob A. Frenkel, former governor at the Bank of Israel, Philipp Hildebrand, former chairman at the Swiss National Bank,Mervyn King, distinguished fellow at the Council on Foreign Relations and former governor at the Bank of England, join Roger C. Altman, former deputy secretary at the U.S. Department of the Treasury, to discuss their experiences as central bankers and insights into past financial crises.

Liaquat Ahamed, author of Lords of Finance: The Bankers Who Broke the World, Willem Buiter, adjunct senior fellow at the Council on Foreign Relations and global chief economist at Citigroup, and Mark Gertler, professor of economics at New York University and member of the Federal Reserve Bank of New York’s Academic Advisory Board, join Sebastian Mallaby, Paul A. Volcker Senior Fellow for International Economics at the Council on Foreign Relations, to discuss the history of the Federal Reserve and its future.

Stanley Fischer, vice chairman of the board of governors at the Federal Reserve System, joinsLaurence D. Fink, chairman and chief executive officer at BlackRock and member of the board of directors at the Council on Foreign Relations, to discuss how the Federal Reserve system has evolved over time, and challenges for the future.

Alan Greenspan, former chairman of the Board of Governors of the Federal Reserve System, joins Gillian Tett, U.S. managing editor at the Financial Times, to discuss current trends in the global economy and solutions for addressing the financial crisis.

Alan Greenspan, former chairman of the Board of Governors of the Federal Reserve System, joins Gillian Tett, U.S. managing editor at the Financial Times, to discuss current trends in the global economy and solutions for addressing the financial crisis.

Alan Greenspan, former chairman of the Board of Governors of the Federal Reserve System, joins Gillian Tett, U.S. managing editor at the Financial Times, to discuss current trends in the global economy and solutions for addressing the financial crisis.

On December 10, 2013, the Federal Deposit Insurance Corporation approved the "Prohibitions and Restrictions on Proprietary Trading and Certain Interests in, and Relationships With, Hedge Funds and Private Equity Funds," part of the Dodd-Frank Act commonly known as the Volcker Rule.

Government regulators should take their cues from the statistics-obsessed sports geeks of Moneyball and use data and empirical evidence to evaluate rules, instead of relying heavily on intuition, anecdotes, dogmas, and impressions.

For the U.S. economy to reach its full potential, argues Edward Conard, Washington should decrease federal spending and ease government regulation. Fareed Zakaria demurs, contending that structural reform and government investment are what the U.S. economy needs most.

Nobel Laureate economist Joseph Stiglitz discusses how the lack of financial regulation creates market instability which results in inequality, and addresses ways to strengthen both the U.S. and international economy, to prevent further collapse.

CFR Experts Guide

The Council on Foreign Relations' David Rockefeller Studies Program—CFR's "think tank"—is home to more than seventy full-time, adjunct, and visiting scholars and practitioners (called "fellows"). Their expertise covers the world's major regions as well as the critical issues shaping today's global agenda. Download the printable CFR Experts Guide.

New Council Special Reports

Campbell evaluates the implications of the Boko Haram insurgency and recommends that the United States support Nigerian efforts to address the drivers of Boko Haram, such as poverty and corruption, and to foster stronger ties with Nigerian civil society.

Koblentz argues that the United States should work with other nuclear-armed states to manage threats to nuclear stability in the near term and establish processes for multilateral arms control efforts over the longer term.

The authors argue that it is essential to begin working now to expand and establish rules and norms governing armed drones, thereby creating standards of behavior that other countries will be more likely to follow.

2014 Annual Report

Learn more about CFR’s mission and its work over the past year in the 2014 Annual Report. The Annual Report spotlights new initiatives, high-profile events, and authoritative scholarship from CFR experts, and includes a message from CFR President Richard N. Haass.Read and download »